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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
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Real-time Estimate Quote. Real-time Estimate Cboe BZX - 10/22 10:42:40 am
115.37 USD   -1.28%
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Judge rejects bid to delay TikTok U.S. app store ban set for Sunday

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09/26/2020 | 10:24pm EDT
FILE PHOTO: Illustration picture of Bytedance logo with Chinese and U.S. flags

A judge in Pennsylvania on Saturday rejected a request by three TikTok content creators who asked her to temporarily block a government ban on Apple Inc and Alphabet Inc Google app stores offering the short-video sharing app for download set to take effect on Sunday.

The content creators argued they would "lose access to tens of thousands of potential viewers and creators every month, an effect amplified by the looming threat to close TikTok altogether."

U.S. District Judge Wendy Beetlestone wrote that the ban is "undoubtedly an inconvenience" but said in denying the request "they will still be able to create, publish, and share content for their millions of current followers."

A separate legal challenge from TikTok and Chinese owner ByteDance to the Commerce Department order is still pending. A 9:30 a.m. hearing on Sunday is set on the issue before U.S. District Judge Carl Nichols in Washington.

ByteDance said on Sept. 20 it had made a preliminary deal for Walmart Inc and Oracle Corp to take stakes in the short video sharing app's U.S. operations, but the exact terms remain unclear.

The Commerce Department gave the companies an additional week to finalize a deal before an order banning TikTok from U.S. app stores takes effect.

By David Shepardson


Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 0.33% 1588.545 Delayed Quote.18.41%
APPLE INC. -0.32% 116.425 Delayed Quote.59.20%
ORACLE CORPORATION -1.33% 58.86 Delayed Quote.12.63%
WALMART INC. -0.81% 142.9 Delayed Quote.21.51%
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All news about APPLE INC.
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Financials (USD)
Sales 2020 273 B - -
Net income 2020 56 936 M - -
Net cash 2020 74 099 M - -
P/E ratio 2020 36,0x
Yield 2020 0,68%
Capitalization 1 999 B 1 999 B -
EV / Sales 2020 7,05x
EV / Sales 2021 6,24x
Nbr of Employees 137 000
Free-Float 99,9%
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 41
Average target price 122,07 $
Last Close Price 116,87 $
Spread / Highest target 28,3%
Spread / Average Target 4,45%
Spread / Lowest Target -39,2%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
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